summary
Introduced
05/25/2021
05/25/2021
In Committee
05/25/2021
05/25/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to provide that floor plan financing includes the financing of certain trailers and campers.
AI Summary
This bill amends the Internal Revenue Code of 1986 to provide that "floor plan financing" (a term used for certain types of business loans) includes the financing of certain trailers and campers designed for temporary living quarters, such as those used for recreational, camping, or seasonal use. The amendment applies to taxable years beginning after December 31, 2020, effectively providing tax parity between the financing of these types of trailers and campers and other types of equipment covered under floor plan financing.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Referred to the House Committee on Ways and Means. (on 05/25/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/3552/all-info | 05/26/2021 |
| BillText | https://www.congress.gov/117/bills/hr3552/BILLS-117hr3552ih.pdf | 07/10/2021 |
| Bill | https://www.congress.gov/117/bills/hr3552/BILLS-117hr3552ih.pdf.pdf | 07/10/2021 |
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